Lamb Weston moved -8.6% this afternoon session, trading between a high of $91.94 and a low of $83.57 per share. Yesterday the stock finished at $91.84 per share, compared to an average analyst target price of $124.5.
Lamb Weston Holdings, Inc. produces, distributes, and markets frozen potato products worldwide. The large-cap packaged foods company is based in the United States, and over the last twelve months it has returned a dividend yield of 1.2%. Lamb Weston has trailing twelve months earnings per share (EPS) of 6.95, which at today's prices amounts to a price to earnings (P/E) ratio of 12.1.
Based on its expected future earnings growth, the company has a price to earnings growth (PEG) ratio of 0.99. Usually a PEG ratio between 0 and 1 indicates a potentially undervalued company.
Overview of the Company's Gross Margins:
Date Reported | Revenue ($ k) | Cost of Revenue ($ k) | Gross Margins (%) | YoY Growth (%) |
---|---|---|---|---|
2022-07-27 | 4,098,900 | -3,266,900 | 20 | -13.04 |
2021-07-27 | 3,670,900 | -2,838,900 | 23 | -4.17 |
2020-07-28 | 3,792,400 | -2,897,200 | 24 | -11.11 |
2019-07-25 | 3,756,500 | -2,753,000 | 27 | 3.85 |
2018-07-26 | 3,423,700 | -2,544,200 | 26 | 4.0 |
2017-07-25 | 3,168,000 | -2,389,200 | 25 |
Lamb Weston's 24.2% average gross margins are thinner than the 24.63% average of the Packaged Foods industry, implying that the firm might be lacking in competitivity.